AVP - Model Validation - Investment Banking

JD :

- As a part of Model Risk Management the candidate will get exposure to modeling in a wide variety of risk areas such as credit risk, market risk, operational risk etc.

- The current heightened regulatory focus on these areas and the team's broader model risk scope also guarantees a significant level of interest and visibility to the business and senior management.

- Opportunities to present results to stakeholders as well as peers are numerous, allowing the candidate to widen and develop their network and reputation.

- Candidates for the role in the MRM team are expected to hold a first degree in a quantitative discipline, e.g. Mathematics, Physics, Engineering, Finance, and probably a Masters or PhD.

- Extensive experience in financial modeling and/or model validation.

- Hands-on experience of risk and capital modeling, derivatives pricing and broader financial modeling is desirable, but regardless of experience all candidates should be able to demonstrate an understanding of capital modeling, financial and derivative products and mathematics, from private study if they have not previously worked in the financial sector.

- Client focus and the ability to communicate effectively with senior stakeholders, including the ability to explain complex topics to a diverse range of audiences.

- Experience of managing/leading teams, ideally in the context of model validation and/or financial modeling.

- Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results to strict deadlines.

Desirable :

- Experience in data management and analysis or in Front Office IT would be an advantage.

- Good knowledge including programming experience of software applications such as R, Matlab, SQL and SAS.